For the full year 2012, Ebix earned $70.6 million, or $1.80 per share, down from $71.4 million, or $1.75 per share, in 2011. A reduction in the number of outstanding shares helped lift the per-share results by almost 7 cents.

Revenue increased to $199.4 million from $169 million.

Ebix shares rose $1.54, or 9.9 percent, to $17.08 in morning trading, after peaking at $17.44 shortly after the open. Over the past 52 weeks, the company's shares have traded between $12.08 and $24.90.